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Nice Fit?
KUALA LUMPUR, June 25, 2006 (AFP) – Malaysia’s top mobile phone operator Maxis Communications is bidding for Sri Lanka’s fifth mobile operator’s licence along with major firms from Singapore and India, a report said Sunday. The Edge newspaper said the GSM1800 licence would cost Maxis around four million dollars. The other two bidders are Singapore […]
‘s northeast
SHILLONG, India, June 25, 2006 (AFP) – It’s not that Rosanna Lyngdoh Mawphlang isn’t grateful that under her Khasi tribe’s matrilineal system she, rather than her brothers, will inherit the family’s sprawling 21-roomed home.It’s just that she’s not sure she wants all the responsibility that goes with it. “I know this is a privilege that […]
”s faltering peace: analysts
June 25, 2006 (AFP) – A tense calm has settled over Sri Lanka as the government and Tamil Tiger guerrillas await a decision from peace broker Norway that could make or break the fragile truce keeping the island from all-out war, analysts say. Norwegian diplomats who have struggled to bring the two sides together will […]
Indian PM calls for dialogue to solve Sri Lankan conflict
BANGALORE, India, June 24, 2006 (AFP) – Indian Prime Minister Manmohan Singh Saturday urged dialogue and cooperation for solving the ethnic conflict in Sri Lanka that has claimed more than 60,000 lives since 1972. “We are for the unity and integrity of Sri Lanka,” Singh, who was on a visit to this southern IT hub, […]
Sri Lanka hits back at Tigers over truce mission
June 24, 2006 (AFP) – Sri Lanka on Saturday said the Tamil Tigers had laid down a “hostile deadline” after the rebels said European Union (EU) nations should quit the nation’s truce monitoring mission within one month.The rebel demand, made after the EU officially branded the Tigers a terrorist group, would force out 37 of […]
Sonic booms cause panic in Sri Lanka’s capital
June 23, 2006 (AFP) – Sri Lanka’s capital Colombo was thrown into panic Friday after sonic booms caused by jet fighters were mistaken for bomb blasts off the coast, the military and police said.Defence Ministry spokesman Prasad Samarasinghe said Israeli-built Kfir jets were on a training mission and may have broken the sound barrier causing […]
Singer to float debenture to partly retire debt
June 23, 2006 (LBO) – Singer (Sri Lanka) Ltd is raising 600 million rupees in debt through an unlisted, unsecured debenture, the consumer goods retailer said Friday. Operating for over 100-years, Singer’s success largely stems from strong and well established brand name and its extensive islandwide network of outlets. The four-year issue will also carry […]
On Paper
June 23, 2006 (LBO) – Malaysia will build Sri Lanka’s Colombo-Kandy Highway, with an agreement for a feasibility study signed by the two sides this week, the government said Friday.The two countries met this week for the inaugural session of the Sri Lanka-Malaysia Joint Commission on bilateral relations, investments and trade. “At the conclusion of […]
Humble Abode
June 23, 2006 (LBO) – Sri Lanka’s housing authority is to set up a low income housing fund to help re-locate people in Colombo’s under-served areas, run-down state flats and shanties.Run by the Urban Development Authority, the Fund is to be set up with seed capital from the Treasury and partly through internal funds. “We […]
Seamless Access
June 23, 2006 (LBO) – Over a dozens firms have responded to the telecom watchdog’s call to take up a WiMAX license and offer services islandwide, the regulator said Friday. WiMAX or Worldwide Interoperability for Microwave Access uses the 3.5 gigahertz frequency band to provide cost effective broadband technologies. The telecom regulator will initially set […]